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to the troops, some of whom asked the chairman of the joint chiefs of staff, as he traveled through afghanistan, whether they will still get paid if the u.s. coffers run dry. he told them, "i honestly can't answer that." how can you even allow these soldiers to wonder whether they're going to get paid? >> i think senator mcconnell and i are both cefd that we're going to be able to come to some agreement with the white house and end this impasse. >> reporter: but, again, democratic leaders dispute that, and in fact, when house minority leader nancy pelosi was returning from the white house this evening, we asked her what she thought of mcconnell's aserks that they were close to a deal, and she said to us, "i don't even know what you're talking about. " russ. >> mitchell: let's talk about the tea party. where are the tea party members in all of this. >> reporter: most likely,erous, they're not going to be happy with whatever gets agreed tot last minute by the white house and democratic and republican leaders. that's because they're going to be looking to bring forward a coalition of moderates fro
to the troops, some of whom asked the chairman of the joint chiefs of staff, as he traveled through afghanistan, whether they will still get paid if the u.s. coffers run dry. he told them, "i honestly can't answer that." how can you even allow these soldiers to wonder whether they're going to get paid? >> i think senator mcconnell and i are both cefd that we're going to be able to come to some agreement with the white house and end this impasse. >> reporter: but, again,...
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host: how would deal with a situation like 9/11 or the war in iraq or afghanistan are terrorism? what if there is unforeseen event that would force government to spend more money than it takes an? guest: the legislation would have to be written to be including situations when we get like that. i am no expert on the u.s. economy so i want to put that disclaimer out there right now. but we are spending more than we're taking in and it is not sustainable. we cannot continue down this path. when you have the medicare board of trustees coming out in the month of may and releasing a report that says, if medicare is not reformed in 2024, it will be bankrupt, it is irresponsible for washington not to do anything about their when you know you are facing this problem. we need to deal with that. we need to do some entitlement reform across the board. we cannot balance the u.s. budget by cutting discretionary spending. host: i realize that this is still coming together so the information continues to evolve. but based on what we hear this morning, it is a $1.4 trillion increase in the debt l
host: how would deal with a situation like 9/11 or the war in iraq or afghanistan are terrorism? what if there is unforeseen event that would force government to spend more money than it takes an? guest: the legislation would have to be written to be including situations when we get like that. i am no expert on the u.s. economy so i want to put that disclaimer out there right now. but we are spending more than we're taking in and it is not sustainable. we cannot continue down this path. when...
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in afghanistan, concerned troops asked the chairman of the joint chiefs of staff about what missing the deadline would mean to them. >> if paychecks would stop it would have a devastating impact and have a devastating impact pretty quickly. >> reporter: visitors waiting to tour the capitol also weighed in. >> social security, we don't know what will happen with that. >> it's ridiculous that our lawmakers can't come to some kind of consensus on what is best for the country. >> now, lester, as the schedule stands today, harry reid hopes to have a vote at 1:00 p.m. on a potential compromise deal. here's what congressional sources can tell us about this deal. it would look like the following. the debt limit would be extended by $1 trillion immediately. it would then be increased by $2.8 trillion for 2012 and then a special bipartisan commission would be in charge of finding additional $1.8 trillion in cuts to get up to 2.8 and if that commission fails by christmas widespread cuts for medicare and defense and both painful cuts and defense for republicans and medicare to democrats and it's th
in afghanistan, concerned troops asked the chairman of the joint chiefs of staff about what missing the deadline would mean to them. >> if paychecks would stop it would have a devastating impact and have a devastating impact pretty quickly. >> reporter: visitors waiting to tour the capitol also weighed in. >> social security, we don't know what will happen with that. >> it's ridiculous that our lawmakers can't come to some kind of consensus on what is best for the...
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. >> the war in iraq and afghanistan, what would you do? >> help the iraqi security forces to govern that country. in afghanistan, we have to walk -- have to watch out for a precipitous withdrawal. it would create a new harbor for terrorism and they would lose their ability to stabilize the government. >> have you met world leaders? what has been your impression of them? >> i do not believe that is important. i look at the strategic interest of the united states and our allies and how we can mutually cooperate and mutually conflicts. >> finish this sentence. the state of the country today is what? >> an opportunity to be seized. big government and big banks have failed us. the crushing weight of the potential markets have yet to be fixed. that has helped to inhibit the ability of the american people to move forward. it is never a failure of the american people. that is not why we are having the difficulties we are having. it is the failure of governments to affect the larger institutions. for a period of time, you are about something that i
. >> the war in iraq and afghanistan, what would you do? >> help the iraqi security forces to govern that country. in afghanistan, we have to walk -- have to watch out for a precipitous withdrawal. it would create a new harbor for terrorism and they would lose their ability to stabilize the government. >> have you met world leaders? what has been your impression of them? >> i do not believe that is important. i look at the strategic interest of the united states and our...
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now i understand admiral mullen is over in afghanistan, visiting with some of the troops. the question they are asking, will they be paid if the default happens? as senator read it's plan passes, if we stand idly by while this administration pays down its domestic spending spree with the blood and sweat of our troops, our military will break. by accepting three long years of defense cuts, we have allowed ourselves to be distracted by the massive entitlement programs that are bankrupting the up country. that stops here with this committee. the budget that we submitted last night cancels' president obama's credit card. it creates the conditions necessary for businesses to flourish. it shrinks our government, and most importantly, it stops three years of neglect to our armed forces. thank you. now i would like to ask the representative from virginia -- we were talking about how hot it was -- from virginia, the chairman of our readiness subcommittee. >> i want to first thank the chairman for holding this conference. i think this is an important issue. over the last several wee
now i understand admiral mullen is over in afghanistan, visiting with some of the troops. the question they are asking, will they be paid if the default happens? as senator read it's plan passes, if we stand idly by while this administration pays down its domestic spending spree with the blood and sweat of our troops, our military will break. by accepting three long years of defense cuts, we have allowed ourselves to be distracted by the massive entitlement programs that are bankrupting the up...
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well, they say that the savings from winding down the wars in iraq and afghanistan don't count. specifically, they say that these savings are -- quote -- "a widely ridiculed accounting gimmick that breeds cynicism." unquote. yet all but three of the 43 senators who signed this letter voted for the ryan budget on may 25 this year. that budget counted the same drawdowns as almost identical in savings. so those savings were legitimate enough to secure their support for the ryan budget but not legitimate enough to secure their support for leader reid's debt ceiling compromise. and here we are on the precipice, and suddenly they've done a 180-degree turn. either these savings count or they don't. you can't have it both ways. so we are proposing exactly what republicans have been saying that they want. yet instead of accepting this deal, they're using what precious time we have left to push forward with their agenda, and it's not even their agenda. it's the tea party agenda. their radical agenda is a wolf in sheep's clothing. last night we voted down speaker boehner's plan which requi
well, they say that the savings from winding down the wars in iraq and afghanistan don't count. specifically, they say that these savings are -- quote -- "a widely ridiculed accounting gimmick that breeds cynicism." unquote. yet all but three of the 43 senators who signed this letter voted for the ryan budget on may 25 this year. that budget counted the same drawdowns as almost identical in savings. so those savings were legitimate enough to secure their support for the ryan budget...
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speaker, the chairman of the joint chiefs of staff is in afghanistan and he was asked whether soldiers will get their checks next week. how can you allow the soldiers to even wonder whether they will get paid? >> senator mcconnell and higher months -- both confident that we can come to an agreement with the white house and in this impasse. -- end this impasse. >> we could have had this bill finished early this past week. there was a bipartisan agreement between myself and the senate leaders to move the underlying bill that will be in moving to the house yesterday. the president, all he had to do was say yes and that milk -- that bill would have move quickly through both the house and senate. so we have wasted a week we did not need to waste. now we have been driven into this call the second it is time for the president to decide how we are going to get out of it. >> what gives you confidence? >> in spite of our differences, i think we are dealing with a reasonable, responsible people who want this crisis to end as quickly as possible and i am confident that we will. >> let me just that
speaker, the chairman of the joint chiefs of staff is in afghanistan and he was asked whether soldiers will get their checks next week. how can you allow the soldiers to even wonder whether they will get paid? >> senator mcconnell and higher months -- both confident that we can come to an agreement with the white house and in this impasse. -- end this impasse. >> we could have had this bill finished early this past week. there was a bipartisan agreement between myself and the senate...